Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on October 08, 2023, 07:00:32 PM

Title: Rise of Ethereum staking came at cost of higher centralization — JPMorgan
Post by: newshunter on October 08, 2023, 07:00:32 PM

Rise of Ethereum staking came at cost of higher centralization — JPMorgan

Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve.

Source: Rise of Ethereum staking came at cost of higher centralization — JPMorgan (https://cointelegraph.com/news/ethereum-merge-made-network-more-centralized)

Would appreciate your opinion about this

Title: Re: Rise of Ethereum staking came at cost of higher centralization — JPMorgan
Post by: cryptolinkbase.com on October 08, 2023, 11:08:49 PM

Requirement to hold a minimum of 32 ETH to participate in network validation leads to centralization, should be 1 ETH but with that, too many nodes will be created and performance will suffer. No easy way out.